• Avendus, a leading venture advisor in India, has confirmed that it is looking to raise a $350 million fund. This fund will focus on investing in early-stage startups across various sectors, including technology, healthcare, and consumer-facing businesses. The move is seen as a testament to the growing strength of the Indian startup ecosystem and the increasing interest of investors in the country's entrepreneurial landscape.

• The new fund will be Avendus's third and largest venture capital fund to date. The firm's previous funds have been successful in backing promising startups, with several of their portfolio companies achieving significant growth and securing additional funding rounds. The additional capital raised will enable Avendus to expand its investment portfolio and support more innovative startups in their early stages of development.

• Avendus's decision to raise a $350 million fund reflects the confidence in the Indian startup ecosystem and the potential for continued growth and success. The firm's expertise in identifying and nurturing promising startups has made it a trusted advisor in the Indian venture capital landscape. The new fund is expected to attract significant interest from both domestic and international investors, further bolstering the country's position as an attractive destination for startup investments.